Previous Posts

Wednesday, September 06, 2006

Media Digest 9/6/2006

Reuters reports that Intel cut 10,500 jobs, about 10% of its workforce, as part of a plan to become more competitive with AMD.

Reuters reports that Google has added newspaper archives to its search content.

Reuters writes that with Ford appointing a new CEO, it is unclear what will happen to Mark Fields, head of North American operations.

Reuters reports that Vivendi will buy BMG Music Publising for $2.1 billion.

Reuters also writes that SpiralFrog, the music download service, has cut a deal with EMI Music for its library. SpiralFrog's download service is funded by advertising as opposed to the pay-per-song model at Apple iTunes.

The Wall Street Journal reports that Ford name Boeing executive Alan Mulally as its new CEO. Bill Ford will remain Chairman.

Hewlett-Packard may not re-nominate on of its directors, George Keyworth, alledging that he was the source of press leaks.

The New York Times reports that the Phelps Dodge merger with Inco has collapsed.